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Taming Your Data Dragan: How to Cure Your Data Addictions and Get the Insights You Need
1. Katie Paine’s Measurement Hour
Paine Publishing
March 21, 2018
www.painepublishing.com | @queenofmetrics | measurementqueen@gmail.com
Taming Your Data Dragon: How to Cure Your Data
Addictions and Get the Insights You Need
2. The More Data the Better
All Data is Good Data
Data = Results
The Myths of Data
3. What Gave Birth To the “Data Puking
Dragon?”*
“Big Data” vs Small Data
Today’s Digital Publishing
Model
Social and Web Analytics
The Demand for
Accountability, Metrics and
Dashboards.
* Avinash Kaushik Occam’s Razon Blog
4. How to Tame Your “Data Puking Dragon”*
* Avinash Kaushik Occam’s Razon Blog
Define What Matters
Define the Data you need to measure progress
towards what matters
Collect it
Validate it
Analyze, Find Insight & Report Results
5. How to Tame Your “Data Puking Dragon?”*
Collect only the data you
need:
What matters to your Target
Stakeholders?
What will help you achieve
your Strategic Priorities?
Report as often as you make
decisions, no more no less.
Create standard terminologies
and definitions
Audit regularly
* Avinash Kaushik Occam’s Razon Blog
6. Quick tips to put your dragon on a diet
Forget the tree, focus
on the Forest
Focus on individuals
and outlets that
actually influence your
stakeholders
Don’t try to compare
apples and goats
Pick 3-5 metrics and
use them consistently
Eliminate duplicates
7. Getting Insight From Your Data
What decisions do you
need to make and
what data do you need
to make them?
What’s keeping your
bosses up at night?
What story do you
need to tell?
8. Typical Signs that Your Puking Data & How to Stop
Glazed Eyeballs
Don’t
“Report” Tell
a Story”
Add more
“WIFM”
Panic
Audit Your
Data
Don’t be
Surprised by
the Skeptics
Too Many
Numbers Too
Little Time
Know your
key message
Use only
charts that
illustrate it
Know what
do you want
them to do
Use data to
convince
them
9. The Most Essential Metrics
For Events, use these metrics:
Cost Per Lead
Cost Per Minute spent with Prospect
Pre/Post % Increase in whatever your goal
was: Trust, Preference, Consideration, etc.
Share of desirable voice in media, social,
and hashtags about the event compared to
the competition
For Owned Digital/ and Social, use these
metrics:
% increase in conversions from owned
content
% increase in incoming CRM queries from
owned activities
% increase in preference or consideration
or trust or awareness
For Earned Media, use these
metrics:
Increase in your Media Quality Index
% increase in conversions from
earned content
% increase in coverage containing
one or more key messages
% increase in share of desirable
coverage vs. the competition
% decrease in undesirable coverage
vs. the competition
% increase in incoming queries from
PR generated activities
% increase in preference or
consideration or trust or awareness
For Internal Communications, use these
metrics:
% increase in willingness to
recommend
% increase in employee
engagement
% increase in understanding of
company priorities
10. Key Rules to Remember
Collect only the data you
need to measure
success against your
priorities and goals.
Trust no data until you
validate it.
Spend at least twice as
much effort analyzing
your data as you did
collecting it.
Don’t “report.” Tell the
story that needs to be
told.
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12. Thank You!
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Special thanks to Montclair State University's Graduate Program for
sponsoring this month's Measurement Hour!